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Greenberg Traurig advises Union Investment on refinancing of Torre Mayor high-rise in Mexico City

Greenberg Traurig advised Union Investment Real Estate GmbH (Union Investment) in connection with a $175 million refinancing of the striking Torre Mayor skyscraper in Mexico City. Torre Mayor is considered one of the most earthquake-resistant skyscrapers in the world, with a height of 228 meters and 55 floors. The Torre Mayor is owned by a Mexican trust in which Union Investment holds 30 percent for the account of the open-ended real estate fund UniImmo: Global.
 
Greenberg Traurig advised on the loan agreement under U.S. and Mexican law as well as on German investment law with a transatlantic team of lawyers from Berlin, New York City, and Mexico City.